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Boston Taxis- Why So Expensive?.
established as early as 1630. Many experts have referred to as the “social capital” among the surrounding area of New England. As a city
and partly in the journey of a man from Jordan who arrived to Boston and quietly established a Boston taxi empire.
825 of them currently available for the whole metropolis of Boston. And the last time one went up for sale
To Boston taxi drivers — many of them immigrants who average seventy-two hours a week commuting someone else’s taxi to earn maybe $550 — the medallions are like magic, secrets to better lives for themselves and their their families. Resultantly, the medallions that cost $50 in 1935 now sell for a lot more, leading them to be the second priciest in the country after New York City’s. As the rate continues climbing, the cabbies keep driving and driving and trying to continue.
Combined with the poor financial situation along with the climbing gas prices. It’s no surprise that Boston taxis are pricey.